CSX Corp (CSX)

• Market cap: $61.4B
• 1 day: 0.85%
• 5 days: -4.21%
• 1 month: -7.87%
• 3 months: -8.82%
• 6 months: -4.38%
• Year to date: -8.00%
• 1 year: -7.31%
• 5 years: 30.59%
• 10 years: 162.36%
• Sector: Industrials
• Industry: Railroads, Line-Haul Operating

About: Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.7 billion in 2023. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.

Employees: 23,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

79% more call options, than puts

Call options by funds: $356M | Put options by funds: $198M

8% more repeat investments, than reductions

Existing positions increased: 607 | Existing positions reduced: 562

3% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 113

0% more funds holding

Funds holding: 1,634 [Q2] → 1,637 (+3) [Q3]

1% less capital invested

Capital invested by funds: $48.7B [Q2] → $48.2B (-$462M) [Q3]

2.4% less ownership

Funds ownership: 74.52% [Q2] → 72.12% (-2.4%) [Q3]

20% less funds holding in top 10

Funds holding in top 10: 15 [Q2] → 12 (-3) [Q3]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $34 7% upside
• Avg. target: $38 21% upside
• High target: $44 38% upside

11 analyst ratings

• positive: 8 73%
• neutral: 3 27%
• negative: 0 0%

Barclays Brandon Oglenski 41% 1-year accuracy 26 / 64 met price target	29% upside $41	Overweight Maintained	13 Nov 2024
Citigroup Ariel Rosa 31% 1-year accuracy 8 / 26 met price target	38% upside $44	Buy Maintained	12 Nov 2024
Stephens & Co. Daniel Imbro 57% 1-year accuracy 13 / 23 met price target	22% upside $39	Overweight Maintained	17 Oct 2024
TD Cowen Jason Seidl 62% 1-year accuracy 26 / 42 met price target	10% upside $35	Hold Maintained	17 Oct 2024
Wells Fargo Allison Poliniak Cusic 33% 1-year accuracy 1 / 3 met price target	7% upside $34	Equal-Weight Maintained	17 Oct 2024